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NYT Reports Higher Revenue, Subscriber Growth Slows

Wall Street Journal US Business •
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The New York Times Company posted higher profit and revenue in the second quarter, with total revenue climbing 11% to $762.5 million, surpassing analysts’ $752 million estimate. The quarterly profit rose to $93.4 million, or 57 cents per share, up from $82.9 million, or 50 cents a share, a year earlier.

Adjusted earnings, excluding one‑time items, reached 69 cents per share, beating the FactSet consensus of 66 cents. While revenue growth was strong, subscriber growth slowed sequentially, indicating a possible deceleration in the paper’s audience expansion and suggesting challenges in retaining new readers. The 11% revenue increase was driven by higher advertising sales and modest gains in digital subscriptions, while the slowdown in subscriber numbers suggests a need for intensified marketing and content strategies to sustain growth.

The company’s total revenue of $762.5 million and earnings per share of 57 cents highlighted its financial resilience despite slower subscriber gains. Analysts had expected adjusted earnings of 66 cents, and the actual results exceeded those expectations, underscoring the firm’s ability to boost profitability amid challenging market conditions and for advertisers seeking stable audiences.